India’s polyester, viscose and cotton markets witnessed mixed price trends amid sluggish demand, liquidity constraints and cautious buying ahead of Diwali. Polyester-cotton yarn prices rose in Ludhiana due to costlier cotton, while polyester and viscose yarn prices declined across major markets. Meanwhile, north Indian cotton prices fell amid weak mill demand and declining ICE cotton futures.
In the Ludhiana market, polyester-cotton yarn prices increased further by &#****;* (~$*.**) per kg because of costlier cotton. However, polyester yarn prices eased by &#****;*–* (~$*.**–*.**) per kg as production activities for the winter season had yet to pick up. A trader from the Ludhiana market told Fibre*Fashion, “PC yarn prices gained because of the recent rise in cotton prices. But overall demand remained very weak. Polyester yarn and fibre prices followed opposite paths. The payment crisis is hurting market sentiment. Buyers are awaiting clarity in the PC and polyester yarn markets after Diwali.”
In Ludhiana, ** count PC combed yarn (**/**) was traded at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** count PC carded yarn (**/**) at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); ** count recycled polyester yarn at &#****;***–*** (~$*.**–*.**) per kg (GST extra); ** count virgin polyester spun yarn at &#****;***–*** (~$*.**–*.**) per kg (GST inclusive); recycled polyester fibre (PET bottle fibre) at &#****;***–*** (~$*.**–*.**) per kg; and virgin polyester fibre at &#****;*** (~$*.**) per kg.
